Mick Mulvaney, director of the White House Office of Management and Budget, may have just put out a budget proposal that never reaches balance and that projects more than $7 trillion in deficits over...

The Dow Jones Industrial Average fell almost 666 points, or about 2.5 percent, on Friday after the monthly payrolls reports showed employers added 200,000 jobs in January — and annual wage growth was...

As the U.S. Congress limps toward the likely passage next week of another stopgap spending bill to avert a government shutdown, a Washington think tank has estimated the federal budget deficit is on...